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Nestaway: Pioneering a New Era in Housing Solutions

Nestaway: Pioneering a New Era in Housing Solutions
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Deepak Dhar , Samarendra Sahu , Jitendra Jagadev , Smruti Parida ,

Empty Nest: Why The Funding Birds Abandoned NestAway

A startup raises around $110 million from marquee backers, gets valued at close to $220 million, and then eventually gets sold at $11 million! Well, that's the story of NestAway. Did the pandemic kill the home rental startup or was it a victim of the funding winter? Or is there something else? ....

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Ratan Tata Backed NestAway Technologies Sold For Rs 90 Crore To Aurum PropTech Ltd

Aurum has revealed that it acquired the start-up for about Rs 90 crore, which is a steep cut from its 2019 valuation of Rs 1,800 crore. ....

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Ratan Tata-backed company, once valued at Rs 1,800 crore, sells at just Rs 90 crore

Last year in June 2022, Aurum PropTech acquired HelloWorld, a co-living space operator, from NestAway. ....

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Ratan Tata-Backed NestAway Sold To Aurum Proptech At Steep 95% Valuation Cut

Ratan Tata-backed proptech startup NestAway Technologies Pvt. has been acquired by listed firm Aurum Proptech Ltd. with a 95% cut in the former's pre-Covid valuation.

Aurum said it has acquired NestAway for about Rs 90 crore, according to an exchange filing. That's a steep decline from its Rs 1,800 crore, or $220 million, valuation in 2019. ....

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